Adeia (NASDAQ:ADEA) Issues FY 2026 Earnings Guidance

Adeia (NASDAQ:ADEA) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.260-1.470 for the period, compared to the consensus EPS estimate of 1.340. The company issued revenue guidance of $395.0 million-$435.0 million, compared to the consensus revenue estimate of $423.0 million.

Adeia Trading Down 1.4%

Shares of ADEA stock opened at $26.92 on Thursday. The stock has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $18.13. Adeia has a fifty-two week low of $11.52 and a fifty-two week high of $27.59. The stock has a market capitalization of $2.98 billion, a P/E ratio of 27.47 and a beta of 1.30. The company has a quick ratio of 3.81, a current ratio of 3.81 and a debt-to-equity ratio of 0.83.

Adeia (NASDAQ:ADEA) last announced its earnings results on Monday, February 23rd. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.13. Adeia had a return on equity of 38.01% and a net margin of 25.05%.The business had revenue of $182.64 million during the quarter, compared to analysts’ expectations of $168.45 million. On average, sell-side analysts expect that Adeia will post 1.09 earnings per share for the current fiscal year.

Adeia Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 16th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 16th. Adeia’s dividend payout ratio is currently 20.41%.

Analyst Ratings Changes

ADEA has been the subject of several analyst reports. Maxim Group upped their target price on Adeia from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, December 23rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Adeia in a research note on Thursday, April 2nd. Roth Mkm raised their price objective on shares of Adeia from $27.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. UBS Group set a $20.00 price objective on shares of Adeia in a research note on Tuesday, December 23rd. Finally, BWS Financial reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Adeia in a research note on Monday, March 9th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.80.

Institutional Investors Weigh In On Adeia

A number of institutional investors have recently bought and sold shares of ADEA. Wellington Management Group LLP boosted its position in Adeia by 64.5% during the 4th quarter. Wellington Management Group LLP now owns 1,998,488 shares of the company’s stock worth $34,474,000 after acquiring an additional 783,869 shares during the period. Deutsche Bank AG boosted its position in Adeia by 386.1% during the 4th quarter. Deutsche Bank AG now owns 732,859 shares of the company’s stock worth $12,642,000 after acquiring an additional 582,106 shares during the period. The Manufacturers Life Insurance Company boosted its position in Adeia by 19.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,765,859 shares of the company’s stock worth $39,109,000 after acquiring an additional 448,274 shares during the period. Jane Street Group LLC boosted its position in Adeia by 1,193.2% during the 1st quarter. Jane Street Group LLC now owns 348,961 shares of the company’s stock worth $4,613,000 after acquiring an additional 321,976 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Adeia by 58.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 859,168 shares of the company’s stock worth $14,821,000 after acquiring an additional 316,520 shares during the period. 97.36% of the stock is currently owned by institutional investors and hedge funds.

About Adeia

Adeia Inc (NASDAQ: ADEA) is a technology licensing company that focuses on acquiring, managing and monetizing intellectual property assets in the electronics and communications sectors. The company’s core business involves the strategic purchase of patent portfolios followed by the negotiation of licensing agreements, collaborative partnerships and, where necessary, enforcement actions to generate revenue from those assets. Adeia’s technology coverage spans semiconductor design, data communications, wireless networking, imaging systems and other advanced electronics applications.

By assembling a diversified collection of high-value patent families, Adeia works closely with original equipment manufacturers, semiconductor suppliers and service providers across North America, Europe and Asia.